ISLAMABAD, Nov 02 (DNA): The International Monetary Fund (IMF) has
recommendation the federal government of Pakistan to establish the
Federal Revenue Agency to collect taxes from across the country.

The global moneylender believes that collection of taxes will be more
efficient if the revenue agency is formed and maintains that it should
collect taxes at provincial and district level.

Thereby, taxpayers will not have to travel to federal, province and
district tax offices and all taxes at federal, provincial and district
level will be collected at the same place.

The IMF has further recommended that the center could return the taxes
to the provinces and districts after collecting it at one place.

In Pakistan, taxpayers are required to fill 47 tax forms and so it is
essentially required to simplify tax forms filling and submission
process and its collection.

With the recommendation, the IMF maintains that any form of tax can be
collected at any tax office across the country. DNA

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